EURUS CONVERTS 10MW OF WIND POWER INTO FIP IN DATE CITY, HOKKAIDO

EURUS CONVERTS 10MW OF WIND POWER INTO FIP IN DATE CITY, HOKKAIDO

    On March 12, Eurus Energy Holdings announced that it will receive a feed-in premium (FIP) from the feed-in tariff (FIT) starting from March 1 in connection with the power plant's business certification wind "Eurus Date Wind Farm" is currently operating in Date City, Hokkaido. ) notification has moved to

    (Source: Eurus Energy Holdings)

    Eurus Date Wind Farm
    (Source: Eurus Energy Holdings)

    The power plant has a wind power generation facility with a capacity of 10MW (2MW wind turbine x 5 units) and started commercial operation in November 2011. The purchase price according to FIT is 19.29 yen/kWh and the standard price After conversion, the FIP is equivalent to 19.29 yen/kWh. This is Eurus Energy Group's first conversion project from FIT to FIP.

    Under the FIP, power generation companies are obliged to build in advance a planned value for the amount of electricity generated and balance it to match the actual value. Balancing requires technology that accurately predicts the amount of renewable energy generated, which varies depending on weather conditions. It predicts power generation capacity based on the operating results of wind power plants that Eurus has accumulated over a long period of time.

    Once converted to FIP, electricity from the plant will not only be sold to the electricity market but also to customers through Eurus Green Energy, the retail electricity supplier of Eurus Energy Group. The company plans to provide services to customers to assess the value of electricity and the environment derived from renewable energy.

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